KingSett Capital

Ottawa remains ‘beacon’ for office investors, industry execs say in wake of major sales

Two downtown office towers totalling more than 300,000 square feet at 400 Cumberland St. and 77 Metcalfe St. have sold for a combined $60 million.

Ottawa’s commercial real estate investment market to remain ‘robust’ in 2022: CBRE

Non-Residential

Coming off a record year in 2021, local sector will continue to benefit from attractive cap rates, solid market fundamentals and a backlog of capital,

Bayshore stake sold in deal that values shopping centre at $387-million

Non-Residential

KingSett Capital is now sole owner of the region’s second-largest shopping mall after purchasing Ivanhoe Cambridge’s 50 per cent stake in the west-end plaza.

‘Robust’ Q2 puts city on pace to top $2.2B in commercial real estate investment in 2021: CBRE

Real Estate

Investors spent a total of $767-million on Ottawa commercial properties from April to June, the real estate firm said in its latest report.

Planning committee OKs controversial Bayshore apartment highrise proposal

Residential

Mall owner Ivanhoe Cambridge is partnering with Toronto-based investment fund KingSett Capital to construct a 27-storey tower and a 30-storey highrise with a total of

Bayshore owner plans two apartment towers as high as 30 storeys next to west-end mall

Residential

The owner of Bayshore Shopping Centre says it wants to build two new apartment highrises next to the west-end mall, a proposal that would add

Global real estate firm Spaces takes six floors at 66 Slater in downtown tech play

Non-Residential

Executives at an international commercial real estate company believe Ottawa’s tech scene will embrace its brand of flexible office space in the downtown core

Groupe Lepine sells final Kanata Lakes apartments, bringing total to $250M

Residential

Nearly seven years after starting construction on one of Canada’s largest new purpose-built rental developments in a generation, an Ottawa developer has finalized the sale

Joint venture purchases Kanata apartment building

Residential

A recently constructed 152-unit apartment building in Kanata has been purchased for $48.7 million, or $320,000 per suite, as part of a three-way deal that